Inventory planning and control Question: Download Questions PDF
One of the underlying assumptions of the EOQ model is that?
Answers:
Answer #11. Replenishment is non-instantaneous
2. Demand is unstable and unpredictable
3. The purchase price per unit varies with the quantity ordered
4. There is a point where stockholding costs are equal to ordering costs
5. A doubling of demand requires a doubling of the order quantity
There is a point where stockholding costs are equal to ordering costs
2. Demand is unstable and unpredictable
3. The purchase price per unit varies with the quantity ordered
4. There is a point where stockholding costs are equal to ordering costs
5. A doubling of demand requires a doubling of the order quantity
There is a point where stockholding costs are equal to ordering costs
Answer #2Replenishment is non-instantaneous.
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